The Morse Code for Dealing with Market Makers and Specialists

traderum · Dec 8, 2009

How to best deal with Market Makers and Specialists via the trading platform?
Ie. I think there are some "morse codes" there, aren't?
I'm sure the MM sends me such codes but I don't know how to interpret them.
I think they use the fields BidSize and AskSize...

risktaker · Dec 8, 2009

Yes, pay attention to how often they "flash". The secret really lies in interpreting their sequential moves up/down & for how long they remain in "pause". Better brush up on morse code first, though!

TSGannGalt · Dec 8, 2009

..---..-.-.---...---..--.-.-.---.-.---.-.-.-.-.-....--.-.-..--..-.-.-.-.-.-.--...-..-.--.-.-.-.-..--.--.-.-..-.--....--.-.-.-..-.-.-.-...--

nasdaqmadness · Dec 9, 2009

try this, Its what all the market makers are using

SethArb · Dec 9, 2009

actually its this

if you can follow their order flow that is

it helps if you

have a global perspective about trading

www.youtube.com/watch?v=EexOzjz6Gn4&feature=related

spd · Dec 9, 2009

Quote from TSGannGalt:

..---..-.-.---...---..--.-.-.---.-.---.-.-.-.-.-....--.-.-..--..-.-.-.-.-.-.--...-..-.--.-.-.-.-..--.--.-.-..-.--....--.-.-.-..-.-.-.-...--

I, for one, find that offensive. I say good day to you sir.

TSGannGalt · Dec 9, 2009

Quote from spd:

I, for one, find that offensive. I say good day to you sir.

LOL

traderjb · Dec 9, 2009

Quote from spd:

I, for one, find that offensive. I say good day to you sir.

Frankly I thought it was kinky! Never would've figured to do that with a Swedish air stewardess and a chicken.

stock777 · Dec 15, 2009

The code changes every day.

It's not meant to be used by turkeys.

t1ck3r · Jan 7, 2010

Heh a secret code....very funny.
....greg

The Morse Code for Dealing with Market Makers and Specialists

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